A company sold 200 shares of common stock with a par value of $5 at a price of $12 per share.Which section of the statement of cash flows will contain this transaction?

Question

Quizplus · Accepted Answer

The sale of common stock is considered a financing activity as it involves obtaining funds from investors. Therefore, this transaction will be included in the financing activities section of the statement of cash flows.

A Company Sold 200 Shares of Common Stock with a Par